Gate.io vs Sage FX

Gate.io vs Sage FX Comparison Table 2024
Gate.io Sage FX
2.3
3

Gate.io is an established crypto exchange, founded in 2013. The firm offers its native token, GateToken, alongside a vast range of crypto derivatives, NFTs, investment products and more. Gate.io is unregulated but has earned a strong reputation, with over 10 million active users.

SageFX is an offshore, unregulated CFD broker that offers highly leveraged trading on forex, stocks, commodities, indices and crypto via the TradeLocker platform. Traders can access commission-free trading or an ECN account with tight spreads. While the broker's regulatory status is weak, it does provide segregated accounts and two-factor authentication.

Bonus Offer
$1,500 trading competition
Comment by Reviewer
"Gate.io will attract experienced traders looking for diverse crypto opportunities, NFTs and favorable trading fees. However we don't consider this exchange secure with little to no regulatory scrutiny." "Sage FX will suit forex traders looking for high leverage and ECN spreads. The broker's prop trading service will also appeal to users looking for funded accounts with up to $200K available."
Pros
  • 180+ crypto tokens available and 100+ crypto deposit methods
  • Lending and yield farming supported, plus an NFT marketplace
  • Unlike many exchanges, Gate.io offers a free demo account with virtual funds
  • Derivatives trading available with leveraged tokens up to x100 and spot contracts
  • A range of community and social features are available including a chat room, leaderboards and live streams
  • Wide range of educational resources aimed at various experience levels plus a Beginner's Zone with rewards
  • Gate.io wallet for crypto-asset storage
  • Flexible accounts with STP and ECN solutions available
  • Prop trading accounts with multiple funding tiers
  • Ability to deposit and withdraw via Bitcoin
  • Bonus offers and trading competitions
  • Low starting deposit from $10
  • Fast withdrawal processing
  • High leverage up to 1:500
Cons
  • Cluttered platform which may deter beginners
  • Unregulated exchange raises security concerns
  • Limited customer support methods
  • Daily withdrawal limits and fees
  • Fiat deposits are not accepted
  • No customers from the USA
  • Not regulated by any reputable body
  • Relatively narrow range of asset classes
  • Lacks educational resources and other extra features
Instruments
Spot and crypto derivatives Forex, indices, cryptos
Demo Account
Yes Yes
Minimum Deposit
$0 $10
Trading Platforms
  • Own
  • TradeLocker
Payment Methods
Minimum Trade
$10 0.01 Lots
Regulator
Pending
Margin Trading
Yes No
STP Account
No Yes
ECN Account
No Yes
DMA Account
No No
MAM Account
No No
PAMM Account
No No
LAMM Account
No No
Demat Account
No No
AI / Machine Learning
No No
Robo Advisor
No No
Negative Balance Protection
No Yes
Market Maker
No No
P2P Trading
No No
Spot Trading
Yes No
Mobile Apps
Yes (iOS & Android) iOS and Android
Auto Trading
Expert Advisors (EAs) on MetaTrader
Copy Trading
No No
Social Trading
No No
Trade Signals
No No
VPS Hosting
No No
Tournaments
No No
Demo Competitions
No No
Ethical Investing
No No
Custodial Account
No No
Guaranteed Stop Loss
No No
Islamic Account
No No
Account Currencies
  • USD
  • EUR
  • GBP
  • CAD
  • AUD
Commodities
CFD Trading
CFD trading not offered Trade CFDs on forex, stocks, metals, energies, indices, cryptos and dollar futures. Sage FX offers tight spreads and high leverage on all instruments from 1:100 to 1:500.
Leverage
1:500
FTSE Spread
5.0
GBPUSD Spread
0.9
Oil Spread
0.04
Stocks Spread
N/A
Forex Trading
Forex trading not offered Trade 7 major, 21 minor and 29 exotic forex pairs with high leverage and a choice between STP or ECN accounts. Support is available around the clock and the TradeLocker forex software is provided.
GBPUSD Spread
0.9
EURUSD Spread
0.9
EURGBP Spread
2.5
Assets
57
Cryptocurrency
Gate.io supports 180+ altcoins, with an impressive 670 assets that can be traded against USD, 89 BTC markets and 520 ETH markets. Active traders are favored with the tiered fee structure, paying as little as 0.055% for maker fees. Trade CFDs with leverage up to 1:100 on 23 crypto pairs with USD including popular tokens like Bitcoin and Ether and lesser-known options like OMG. On the downside, crypto-only pairs are not offered.
Spread
Variable Floating
Coins
  • GT
  • THETA
  • CNYX
  • USDT
  • USDT
  • ETH
  • BTC
  • BCH
  • BSV
  • ETH
  • ETC
  • EOS
  • XRP
  • LTC
  • ZEC
  • DASH
  • QTUM
  • QUTM_ETH
  • DOGE
  • OCN
  • BTM
  • TRX
  • ONT
  • BTG
  • BAT
  • SNT
  • BTM_ETH
  • CVC
  • REQ
  • RDN
  • KNC
  • LINK
  • THETA
  • SHIB
  • VET
  • BTC
  • XRP
  • LTC
  • DASH
  • ETH
  • EOS
  • NEO
  • TRX
Crypto Lending
Yes No
Crypto Mining
No No
Crypto Staking
No No
Auto Market Maker
No No
More Comparisons
Gate.io
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Sage FX
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